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257-259 Prince Edward Rd
South Shields NE34 7LZ
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Net initial yield of 8.58%
  • 2018 break not exercised and 2023 Rent Review outstanding
  • Popular parade in highly visible location
  • Lease end 2 nd January 2028
  • Tenant company North East Convenience a subsidiary of James Hall & Company

PROPERTY FACTS

Property Type
Retail
Property Subtype
Shopfront
Property Size
2,306 sq ft
Costar Property Class
C
Year Built
1950
Tenancy
Single
Number of Floors
2
Plot ratio
0.95
Total Plot Size
0.06 ac
Frontage
18 ft on Prince Edward Road
  • Listing ID: 32635636

  • Date on Market: 31/07/2024

  • Last Updated:

  • Address: 257-259 Prince Edward Rd, South Shields NE34 7LZ

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